Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
America Movil S.a.b. De C.v. (AMX)
:AMX
Holding AMX?
Track your performance easily
Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.32Last Year’s EPS
0.28Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 16, 2018
|% Change Since: -15.57%
|Next Earnings Date:Jul 17, 2018
Earnings Call Sentiment|Positive
The earnings call presented strong growth in subscriber numbers, revenue, and profitability. However, challenges such as declining PayTV revenue and disconnections in the prepaid segment were noted. Overall, the company is on a positive trajectory, bolstered by strategic investments and a strong position in key markets.Company Guidance
During América Móvil's Q3 2024 earnings call, several key metrics and guidance were highlighted. The company reported a third-quarter revenue of MXN 223 billion, with a service revenue growth of 11.3% in Mexican peso terms and EBITDA growth of 11.9%. Mobile postpaid and fixed broadband were the main drivers of access growth, with year-on-year increases of 5.9% and 5.2%, respectively. The company added 1.8 million subscribers, with 1.4 million being postpaid, while the prepaid segment saw 468,000 net additions. Operating profit reached MXN 47.4 billion, marking a 14.2% increase in Mexican peso terms. The net profit for the quarter was MXN 6.4 billion, nearly tripling the previous year's figure. América Móvil's net debt ended September at MXN 433 billion, reflecting an increase from the previous year. The company reaffirmed its CapEx target for the year at $7.2 billion, while also highlighting a third consecutive year of rating upgrades by MSCI due to improvements in corporate governance and data privacy. Looking ahead, the company plans to focus on upselling customers rather than increasing prices, aiming to maintain competitive advantages through quality and network capacity enhancements.Strong Subscriber Growth
Added 1.8 million subscribers, with 1.4 million in postpaid. Austria, Brazil, Colombia, and Mexico were significant contributors.
Revenue and EBITDA Growth
Third quarter revenue totaled MXN 223 billion, with service revenue expanding 11.3% and EBITDA increasing by 11.9%.
Net Profit Increase
Net profit nearly tripled to MXN 6.4 billion, driven by higher operating profit and reduced financing costs.
Leverage Reduction
Net debt to EBITDA after lease ratio ended at 1.34x, reaching the lower leverage limit committed during the Investor Day.
Corporate Growth
Corporate networks revenue expanded 10.1%, contributing to overall fixed-line service revenue growth.
Capital Investment and Shareholder Returns
Capital expenditure totaled MXN 86.7 billion for the first nine months, with MXN 32.9 billion distributed to shareholders.
---
AMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
AMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 15, 2024 | $16.19 | $16.51 | +1.98% |
| Jul 16, 2024 | $18.05 | $17.71 | -1.88% |
| Apr 16, 2024 | $17.48 | $17.05 | -2.46% |
| Feb 13, 2024 | $16.64 | $16.36 | -1.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does America Movil S.a.b. De C.v. (AMX) report earnings?
America Movil S.a.b. De C.v. (AMX) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is America Movil S.a.b. De C.v. (AMX) earnings time?
America Movil S.a.b. De C.v. (AMX) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMX EPS forecast?
AMX EPS forecast for the fiscal quarter 2024 (Q4) is 0.32.
---